FCG facing possible Nasdaq delisting
FCG (Long Beach, California), a provider of outsourcing, consulting and systems implementation and integration services to the health-related industries, reported receiving notice from the Nasdaq that its securities are subject to delisting as of April 11, due to its failure to file its annual report for the fiscal year ended Dec. 30 on a timely basis.
As previously disclosed the delay in filing Form 10-K is due to the ongoing review by management and audit by Grant Thornton, the company's external auditors, of the accounting treatment of FCG's income tax provision and its internal controls related to the calculation of such tax provision. FCG currently does not have an anticipated date of filing for the annual report, but continues to work as expeditiously as possible with the external auditors to provide analysis necessary for the auditors to conduct their reviews and finalize the audits of FCG's financial statements and internal controls.
FCG said it will request a hearing to request continued listing on The Nasdaq National Market until FCG files its Form 10-K for the fiscal year ended Dec. 30.
Child hospitalizations ranked by AHRQ
Respiratory disorders – primarily asthma, pneumonia and acute bronchitis and bronchiolitis – account for roughly 23% of hospital stays for all children age 17 and younger and produce the most frequent hospitals following birth for this group, according to a report from the Agency for Healthcare Research and Quality (AHRQ; Washington). The number of hospitalizations for each of these conditions ranges from 166,000 to 154,000 annually.
Next in importance are digestive disorders, including appendicitis and gastroenteritis, accounting for 12% of the hospital stays of children. Nervous system conditions, including epilepsy and meningitis, rank third with nearly 8% of hospital stays.
In fourth place are endocrine, nutritional and metabolic disorders. The fifth and sixth place conditions are teenage pregnancy and mental disorders and substance abuse .
Four million hospital stays are for the care of newborn infants who account for 63% of the hospital stays for children age 17 and younger.
The statistics are from the Kids' Inpatient Database, part of AHRQ's Healthcare Cost and Utilization Project, the largest set of publicly available databases on all patients in the U.S.